Adams Diversified Equity Fund Inc. lessened its stake in GE Aerospace (NYSE:GE - Free Report) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 145,000 shares of the company's stock after selling 5,200 shares during the period. GE Aerospace comprises about 1.5% of Adams Diversified Equity Fund Inc.'s investment portfolio, making the stock its 14th largest position. Adams Diversified Equity Fund Inc.'s holdings in GE Aerospace were worth $44,664,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in GE. Hardy Reed LLC boosted its holdings in GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company's stock worth $1,504,000 after purchasing an additional 33 shares during the period. Wolff Wiese Magana LLC boosted its holdings in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company's stock worth $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC boosted its holdings in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company's stock worth $292,000 after purchasing an additional 33 shares during the period. Darwin Wealth Management LLC boosted its holdings in GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company's stock worth $523,000 after purchasing an additional 33 shares during the period. Finally, LRI Investments LLC boosted its holdings in GE Aerospace by 1.4% in the fourth quarter. LRI Investments LLC now owns 2,390 shares of the company's stock worth $736,000 after purchasing an additional 33 shares during the period. Institutional investors own 74.77% of the company's stock.
Analysts Set New Price Targets
GE has been the subject of a number of research reports. Zacks Research downgraded shares of GE Aerospace from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 24th. Morgan Stanley decreased their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a report on Wednesday, April 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. President Capital decreased their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of GE Aerospace in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $348.22.
Check Out Our Latest Research Report on GE
GE Aerospace Stock Performance
Shares of GE opened at $334.89 on Friday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48. The company has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The firm has a fifty day moving average of $303.27 and a 200-day moving average of $307.36.
GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The company's revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.
Key Headlines Impacting GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
GE Aerospace Company Profile
(
Free Report)
GE Aerospace NYSE: GE is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.
Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.
Featured Articles
Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Aerospace (NYSE:GE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider GE Aerospace, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GE Aerospace wasn't on the list.
While GE Aerospace currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.